Corning Inc.GLWEarnings & Financial Report
Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bake...
Revenue
$3.5B
Gross Profit
$1.2B
Operating Profit
$393.0M
Net Profit
$310.0M
Gross Margin
34.2%
Operating Margin
11.2%
Net Margin
8.9%
YoY Growth
16.9%
EPS
$0.36
Financial Flow
Corning Inc. Q4 2024 Financial Summary
Corning Inc. reported revenue of $3.5B (up 16.9% YoY) for Q4 2024, with a net profit of $310.0M (up 875.0% YoY) (8.9% margin). Cost of goods sold was $2.3B, operating expenses totaled $804.0M.
Key Financial Metrics
| Total Revenue | $3.5B |
|---|---|
| Net Profit | $310.0M |
| Gross Margin | 34.2% |
| Operating Margin | 11.2% |
| Report Period | Q4 2024 |
Corning Inc. Annual Revenue by Year
Corning Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $15.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $15.6B |
| 2024 | $13.1B |
| 2023 | $12.6B |
| 2022 | $14.2B |
Corning Inc. Quarterly Revenue & Net Profit History
Corning Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $4.2B | +20.4% | $540.0M | 12.8% |
| Q3 2025 | $4.1B | +20.9% | $430.0M | 10.5% |
| Q2 2025 | $3.9B | +18.8% | $469.0M | 12.1% |
| Q1 2025 | $3.5B | +16.0% | $157.0M | 4.5% |
| Q4 2024 | $3.5B | +16.9% | $310.0M | 8.9% |
| Q3 2024 | $3.4B | +6.9% | $-117.0M | -3.5% |
| Q2 2024 | $3.3B | +0.2% | $104.0M | 3.2% |
| Q1 2024 | $3.0B | -6.4% | $209.0M | 7.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.98B | $3.25B | $3.39B | $3.50B | $3.45B | $3.86B | $4.10B | $4.21B |
| YoY Growth | -6.4% | 0.2% | 6.9% | 16.9% | 16.0% | 18.8% | 20.9% | 20.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $27.62B | $27.18B | $28.32B | $27.73B | $27.39B | $28.75B | $29.92B | $30.98B |
| Liabilities | $16.06B | $16.25B | $16.86B | $16.66B | $16.27B | $17.20B | $17.91B | $18.67B |
| Equity | $11.23B | $10.59B | $11.10B | $10.69B | $10.72B | $11.12B | $11.54B | $11.81B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $96.0M | $521.0M | $699.0M | $623.0M | $151.0M | $708.0M | $784.0M | $1.05B |